Building Overview
Asia Sky Building is a Grade C office development consisting of 8 above-ground floors and 1 basement, located in Hoan Kiem Ward. With a flexible design, the building offers a standard floor plate of approximately 280 sqm, supporting full-floor leasing or flexible partitioning based on staff size. This is a practical option for small and medium-sized enterprises looking to save on budgets while maintaining a professional presence in the city center.
Location and Connectivity
Situated at 73 Ly Nam De, Hoan Kiem Ward, the building supports daily commuting and transactions to major routes in Hanoi’s old central area. This location allows businesses to easily connect with partners and access public amenities. Tenants should note the actual traffic density during peak hours on Ly Nam De street to plan employee commutes effectively.
Technical Specifications and Operations
The building is equipped with basic, synchronized technical infrastructure to ensure continuous work performance:
- Ceiling height reaches a standard 2.7 m, creating an airy office environment.
- The transit system includes 2 high-speed elevators and a modern central air conditioning system to maintain stable temperatures.
- Backup power covers 100% of operational capacity in the event of an outage.
- Parking includes 1 basement combined with surrounding parking areas.
Regarding costs, the building applies a 3-month deposit policy with quarterly payments and a minimum lease term of 3 years. Motorbike parking is 5 USD/space/month and car parking is 50 USD/space/month (excluding 10% VAT). Air conditioning and electricity consumption are calculated based on actual meter readings. A key point to check is that the service fees and actual rental rates are not fixed publicly; businesses should contact us to update vacant spaces and exact pricing at the time of survey.
Leasing Costs and Commercial Terms
Although located in the central area of Hoan Kiem Ward, the building applies relatively flexible commercial terms to support tenants. With a minimum lease term of 3 years, businesses need to prepare a 3-month deposit and make quarterly payments. Regarding operational fees, motorbike parking is charged at 5 USD/bike/month, and car parking is 50 USD/car/month. Value-added tax (VAT) is 10%. In addition, electricity costs for lighting and office equipment are charged based on actual consumption from individual meters, helping businesses actively manage their monthly operational budgets.
Suitable Tenant Profiles and Checks
With a floor plate of 280 sqm per floor and flexible partitioning options, the building is a cost-effective choice for small and medium-sized enterprises requiring a presence in the old central area. However, because the rental rate and management service fees are not fixed in the original documents, this is the most critical tenant check when conducting site visits. Tenants should also verify the actual vacant area at the time of contact to ensure the floor division meets their planned staff density.
Advisory Conclusion
Asia Sky Building meets the basic technical standards of a Grade C office in Hoan Kiem Ward thanks to its synchronized technical systems and convenient connectivity. For businesses prioritizing fixed-cost savings while still requiring a reputable business address, this is a suitable option once detailed service fees are clarified.